Bitcoin price history, ATHs and bottoms.

[tranthidung]

In finance and TradFi (Traditional Finance), we have saying like "This time will be different". That is true and untrue.

True by nothing in life will repeat itself 100% accurately.
Untrue by there are always things to be different, just in small or big scale.

Let's see Bitcoin Price History with past bottoms and ATHs. You can do your own calculation with data from Coinmarketcap and run your own sheet or can simply look at this source.

Details are in the graphical chart so I don't type it here. Let me know what you feel most meaningful for you and your future investment in Bitcoin?

For me, it is % dip from ATHs, that are -93%, -85%, -84% and -77%.
Note:

• I did not compare information in the chart with my calculation as I only made a first one for price change from $32 to $1242, it is 38x, not 32x, so probably there are some minor inaccuracies but let's skip them and see an overview picture.

[Husires]

Yes, the charts do not match, but the patterns are similar. In the previous cycle, the price broke the previous ATH barrier, which is was 20k, and it decreased blown that,  in this cycle and before halving ATH was broken, which indicates because New ATH may seem different from the previous or we may see prices above 200k that will make -93%, -85%, -84% and -77% corrections above 60k by the end of 2026.

[HideYourKeys]

My guess is that we might not see such huge corrections in this cycle, we will see

[mk4]

I'm going to bet that once bitcoin goes low enough that would make that chart look screwed(even just a bit remotely different), people would be mass selling BTC — only to see it bounce (as per usual) after a good while lmao. People tend to take huge bets off a single chart or a single metric.

[PrivacyG]

I'm going to bet that once bitcoin goes low enough that would make that chart look screwed(even just a bit remotely different), people would be mass selling BTC — only to see it bounce (as per usual) after a good while lmao. People tend to take huge bets off a single chart or a single metric.

True.

But I would also bet that we would all feel uncertainty in such a case.  Even if I love Bitcoin this much and know it will most likely never die off or fall off a cliff with no more recovery ever, I would feel uncertain watching the graph make crazy moves.  It would throw almost the entire community into temporary F U D pretty much.

[thecodebear]

Yeah and that 77% drop was only because Luna collapsed and then caused a string of other collapses. Drop might have only been like 55%-60% or so if not for that. When Luna collapsed the bottom so far had only been 55% down which was several months prior and the market at the time was only like 45% down.

If the industry can avoid some large ecosystem collapse like Mt Gox in 2014 or Luna + Crypto Lending industry + FTX in 2022, I think the bear market bottom will only be 50%-60% down, maybe even slightly less of a drop than that. So if peak is say $150k, maybe it bottoms at $60k-$80k, and probably only takes like 6 months to bottom instead of 12+ months. That'd be my guess.

If this bottom is much shallower, that'll lead to even shallower bear markets in the future too. Because some people try to time the market, sell in bull and buy back during bear. But given paying taxes on profits, and having to guess where the top and bottom will be and very likely not hitting real close to either, if the difference between top and bottom are no longer extreme like 70-80%, it makes muuuuuch less sense to try to trade the market cycle. So even a bit shallower bear markets should lead to more long term holding, which leads to even shallower bear markets. It wouldn't surprise me if by next decade these extreme swing market cycles are largely gone. Especially since the halvings themselves are already much less significant since well over 90% of the supply is already out. Also the ETFs may possibly help blunt bear markets as well since all sorts of funds are going to be adding the bitcoin ETFs and so people are going to be buying the ETFs indirectly through lots of other Wall St funds regardless of whether bitcoin is in bull mode or bear mode.

[ImThour]

Yeah and that 77% drop was only because Luna collapsed and then caused a string of other collapses. Drop might have only been like 55%-60% or so if not for that.

Not really, $16k Price had to happen before we go $170k the next year. It was a long support trendline on a weekly timeframe which I was able to spot early.


Here is a screenshot of my chart and the idea which I posted on TradingView in April of 2022. It was clear to me that by the end of year (2022) Bitcoin will touch the support trendline.
You can see for yourself. Everything happens for a reason. Price Action > Any Crypto Incident/Event.

[Husires]

My guess is that we might not see such huge corrections in this cycle, we will see

I think that breaking ATH before halving is a response to a 20K break in the previous down side of that cycle, and if this happens, we will be between 60k to 70k for the next four months.

Yeah and that 77% drop was only because Luna collapsed and then caused a string of other collapses. Drop might have only been like 55%-60% or so if not for that. When Luna collapsed the bottom so far had only been 55% down which was several months prior and the market at the time was only like 45% down.

I think the opposite is what happened, as the chaos caused by FTX and Luna was the reason that the upward trend was broken and that ATH was 69k instead of ~80k ~100k, which gives a correction by 93%, -85%, -84% to ~20k

[thecodebear]

Yeah and that 77% drop was only because Luna collapsed and then caused a string of other collapses. Drop might have only been like 55%-60% or so if not for that.

Not really, $16k Price had to happen before we go $170k the next year. It was a long support trendline on a weekly timeframe which I was able to spot early.


Here is a screenshot of my chart and the idea which I posted on TradingView in April of 2022. It was clear to me that by the end of year (2022) Bitcoin will touch the support trendline.
You can see for yourself. Everything happens for a reason. Price Action > Any Crypto Incident/Event.

haha there is nothing that "had to happen". There are things that happened. If what you just said is true then it literally wouldn't matter what happens because the chart would just automatically follow a line. Obviously that is not real life. You are saying that a bunch of collapses in the crypto ecosystem had zero effect on the market. Obviously your idea is wrong. I really hope you don't think markets simply automatically follow lines on a chart, because anyone can draw any sort of line lol

[thecodebear]

Yeah and that 77% drop was only because Luna collapsed and then caused a string of other collapses. Drop might have only been like 55%-60% or so if not for that. When Luna collapsed the bottom so far had only been 55% down which was several months prior and the market at the time was only like 45% down.

I think the opposite is what happened, as the chaos caused by FTX and Luna was the reason that the upward trend was broken and that ATH was 69k instead of ~80k ~100k, which gives a correction by 93%, -85%, -84% to ~20k

Huh??

Are you living a life where time goes backwards??? haha

Those things happened during the bear market, many months after the ATH. ATH was in 2021. Luna, crypto lenders, FTX were from Spring 2022 to Fall 2022. Bear market was already 6 months in by the time that stuff started happening. But I like the absurdist science fiction approach haha, where events in the future causes results in the past. It'd be funny to write a history book like that trying to explain past events based on future events.  Like, because fiat money collapses later in the 21st century that's WHY Satoshi created Bitcoin, because he lives in an opposite time flow from the rest of the universe and so experiences time backwards, and he brought future computer science ideas to create Bitcoin in the past to give humanity an escape from the fiat monetary collapse he had already experienced in the future. I kinda love it haha

[DanWalker]

My guess is that we might not see such huge corrections in this cycle, we will see

I have the opposite thought, the stronger bitcoin increases, the stronger it falls. Many believe that as bitcoin ETFs are approved and regulations emerge, bitcoin will become more stable and less volatile. But since the ETF was approved, bitcoin's volatility has not decreased and has sometimes become stronger. I remember a few days ago when bitcoin crossed its old ATH and touched 70k4$, but then within a short period of time bitcoin dropped to 59k$ and then fluctuated around the 66k-68k$ area. Bitcoin has fluctuated more than 10 thousand dollars in less than an hour, how can it be said that bitcoin is gradually stabilizing?

[hatshepsut93]

For me, it is % dip from ATHs, that are -93%, -85%, -84% and -77%.

Interesting thing to note that during the latest bear market the price went below the level of the ATH of the previous cycle when in dipped below $20k. This happened for the first time and it could be interpreted as a dangerous signal, but now we have reaching ATH level before the halvening, which also happened for the first time and is a positive signal.

The moral here is that Bitcoin is still quite unpredictable and its patterns are broken all the time.

[tranthidung]

Interesting thing to note that during the latest bear market the price went below the level of the ATH of the previous cycle when in dipped below $20k. This happened for the first time and it could be interpreted as a dangerous signal, but now we have reaching ATH level before the halvening, which also happened for the first time and is a positive signal.

In latest years, 2022 and 2024, we witness something never happened before in Bitcoin history. In a bear market in 2022, it drops to below a previous all time high and in 2024, even before the halving, it has a first time ever to make its new all time high.

In history of Bitcoin, it only makes new all time high after its halving and even several months after a halving. We are witnessing something strange but interesting this year with Bitcoin fourth halving.

The moral here is that Bitcoin is still quite unpredictable and its patterns are broken all the time.

It's unpredictable. Very few people expected / predicted Bitcoin will drop below $20,000 in 2022 and make a new all time high in early 2024.

[kryptqnick]

I'll start by saying that I think a logarithmic scale is less honest and less informative than a linear scale, so the chart the op shared is not the kind of chart I'd use when thinking about the price.
But I agree that Bitcoin is losing less value over time during the bear markets. Another thing I like to look at is the growth of the bottom price. For instance, after $1.1k in 2013, the bottom was $172; after $20k in 2017, the bottom was $3200; while after $67k it was over $15k. We can see how much the bottom is getting higher after each bull market, which shows more confidence in Bitcoin even during its worst times.

[Lucius]

~snip~
In history of Bitcoin, it only makes new all time high after its halving and even several months after a halving. We are witnessing something strange but interesting this year with Bitcoin fourth halving.

It is not surprising that we have such a bull run considering that the SEC finally approved spot ETFs after a year of rejection, and when BlackRock entered the game, it was a sign that things would change. All those who knew how powerful that company was already then had a clear sign that they should start buying BTC, and today we see that they were right.

Even if there is no halving this year, I believe that we would have the same effect on the price, but I also believe that nothing happens without a reason, and that this year was chosen for the perfect combination of favorable events that will result in a significant increase in the price of BTC, and accordingly to that the huge profits that investors and companies will make.

It's unpredictable. Very few people expected / predicted Bitcoin will drop below $20,000 in 2022 and make a new all time high in early 2024.

Who could have known that a scammer named Do Kwon would appear almost at the same time as the incompetent Bankman and that together they would cause damage that was measured over $100 billion? Without those two, my personal opinion is that the price of BTC would have stayed at around $30 000.

[tranthidung]

It is not surprising that we have such a bull run considering that the SEC finally approved spot ETFs after a year of rejection, and when BlackRock entered the game, it was a sign that things would change. All those who knew how powerful that company was already then had a clear sign that they should start buying BTC, and today we see that they were right.

I know Black Rock and Bitcoin Spot ETF success mean a lot for Bitcoin market but things are happening actually unpredictable too. It is too fast if we see after Gold Spot ETFs, it takes many months to start rising in price. Bitcoin is different, better than gold, and moves up faster than gold.

Who could have known that a scammer named Do Kwon would appear almost at the same time as the incompetent Bankman and that together they would cause damage that was measured over $100 billion? Without those two, my personal opinion is that the price of BTC would have stayed at around $30 000.

I agree for sure.

Two black swan events in 2022 caused the price fell down a lot like described above. Without these black swan events, Bitcoin would have not fallen below $20,000.

By the way, let me share one more graphics from CryptoQuant, that can be helpful for newbies who will surely be fearful with corrections along a bull run.

The All time Average Drawdown in bull markets is -15%.

[Lucius]

I know Black Rock and Bitcoin Spot ETF success mean a lot for Bitcoin market but things are happening actually unpredictable too. It is too fast if we see after Gold Spot ETFs, it takes many months to start rising in price. Bitcoin is different, better than gold, and moves up faster than gold.

There was a question as to whether investors would show great interest in this way of investing in Bitcoin, and now it is unquestionable that they have firmly bitten the hook and are not letting go. BlackRock as an intermediary obviously instills great confidence in Bitcoin, and the difference between gold and Bitcoin is incomparable - because there is gold in undetermined quantities, and Bitcoin is very limited compared to how huge the market is.

A few years ago, someone compared the number of millionaires with the number of BTC (then there were only 46 million) and concluded that if each of them wanted only 1 BTC, it would not be enough for everyone.

The All time Average Drawdown in bull markets is -15%.

That is interesting information, and it will be even more interesting to see if we will have similar corrections in this bull run.

[kentrolla]

That's relatable to my thoughts as this time I don't see the pattern repeating because we have had BTC ATH before the halving which was not the case in previous halving cycles. This year looks bit different but we cannot rule out correction phase as some of us are saying there won't be corrections or very little correction but we cannot rule anything on that as only time will tell us about it.

[bbc.reporter]

I reckon presently that when the bearish people have been declaring that they are bullish and some of them declaring that they were bullish before everyone began to be bullish, we should certainly begin to be careful. There will be strange things that will start happening where everything will begin speculating more and buy on leverage more. These late pumpers will be the exit liquidity of the whales.

Also, other strange occurrences will be similar to this. If someone pays to play Michael Sailor Moon's there is no second best speech in the Las Vegas sphere, this might be the peak of bitcoin heheheh.



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[adaseb]

Yeah right now we are on a similar path as those in the past during the halving period. Generally we go up exponentially and this time we've been rallying before the halving which is fairly new, especially since we broke the ATH. Halving will be most likely on April 20 or around that day.

Currenly we got tons of money entering crypto. We had $2B in tether print yesterday, every stock trading session we got +$500M in new flows, we also got Saylor which bought $800M worth of BTC at like $60K. Most likely as MSTR keeps rallying he will keep issuing those convertibles notes and will keep buying them and the price of the stock will rally and he will sell more and buy more bitcoin.

Doesnt look like the train is stopping anytime soon.

[arjunmujay]

That's relatable to my thoughts as this time I don't see the pattern repeating because we have had BTC ATH before the halving which was not the case in previous halving cycles. This year looks bit different but we cannot rule out correction phase as some of us are saying there won't be corrections or very little correction but we cannot rule anything on that as only time will tell us about it.

Very true, even if you look at Bitcoin's historical data. every halving there will definitely be a pretty bad dump. and it happens over and over again.
but apparently not with the halving this time, because bitcoin continued to print new ATHs even before the halving occurred.
Maybe this is because many world investors are starting to look at and dive into the world of bitcoin. Moreover, it has been facilitated by the Bitcoin ETF.

[tygeade]

That's relatable to my thoughts as this time I don't see the pattern repeating because we have had BTC ATH before the halving which was not the case in previous halving cycles. This year looks bit different but we cannot rule out correction phase as some of us are saying there won't be corrections or very little correction but we cannot rule anything on that as only time will tell us about it.

Very true, even if you look at Bitcoin's historical data. every halving there will definitely be a pretty bad dump. and it happens over and over again.
but apparently not with the halving this time, because bitcoin continued to print new ATHs even before the halving occurred.
Maybe this is because many world investors are starting to look at and dive into the world of bitcoin. Moreover, it has been facilitated by the Bitcoin ETF.

I do agree that right before it could happen, but right after I do not think so. It is quite clear that it usually doesn't take this quickly to go above ATH, if you look at all the historical data, usually ATH is broken nearly end of the year at halving season, not before the halving, so we did something nobody really expected to see. I think that is why it's a little bit shocking to the world and we do not really know what to do.

I understand a lot of people are expecting to see something major, like 100k+ for example but at this point we have no clue how high it can go. I think it should be something that could be quite marginal and could actually make a lot of money for the long term as well, that should be the key.

[arjunmujay]

~snip~

I understand a lot of people are expecting to see something major, like 100k+ for example but at this point we have no clue how high it can go. I think it should be something that could be quite marginal and could actually make a lot of money for the long term as well, that should be the key.

So actually, the ATH that Bitcoin has reached recently, in the next few years will actually be the bottom if we but hold Bitcoin.
For example, now the ATH is $75,000, it could be in the next 1 or 2 years, or even the next halving. This price is very cheap to buy today. so it's never too late to buy bitcoin.

[tranthidung]

So actually, the ATH that Bitcoin has reached recently, in the next few years will actually be the bottom if we but hold Bitcoin.
For example, now the ATH is $75,000, it could be in the next 1 or 2 years, or even the next halving. This price is very cheap to buy today. so it's never too late to buy bitcoin.

Price can be cheap for you but can be expensive for others. Different people have different views on how cheap or expensive Bitcoin is and different knowledge, belief in future of Bitcoin. There is no same opinion on it.

Furthermore, with different financial statuses, different people will have different capital that can be spent for investment as well as different time frames to stay in this market before cashing out for their spendings.

Anyone who don't know about Bitcoin total supply and how it was coded, controlled supply, what will ever appear more in future, let's read.

• How is the 21 Million Bitcoin Cap Defined and Enforced?
• Controlled supply
• Equivalent Network Time

[bbc.reporter]

Yeah right now we are on a similar path as those in the past during the halving period. Generally we go up exponentially and this time we've been rallying before the halving which is fairly new, especially since we broke the ATH. Halving will be most likely on April 20 or around that day.

Currenly we got tons of money entering crypto. We had $2B in tether print yesterday, every stock trading session we got +$500M in new flows, we also got Saylor which bought $800M worth of BTC at like $60K. Most likely as MSTR keeps rallying he will keep issuing those convertibles notes and will keep buying them and the price of the stock will rally and he will sell more and buy more bitcoin.

Doesnt look like the train is stopping anytime soon.

Agreed on this train might not stop, however, it appears that the market makers have begun punishing these late buyers and the whales appear to be using them as exit liquidity. On March 5 many traders were liquidated. On March 12 and 14, another liquidation of late buyers. Also preently, another liquidation. These traders will not buy again on this price or they have no more money to buy hehehehehe. The people who were bearish for much of the pump and have quickly become bullish are a warning sign that it might be the situation to become a contrarian. They are very much similar to our favorite uncle Jim Cramer.

[tranthidung]

Today, let's have a closer look at Bitcoin price drawdowns since FTX crash

Corrections after FTX crash are usually up to -15% and with catalyst from Bitcoin Spot ETF, if you see -15% correction in this bull run, don't hesitate to buy. Hesitate again and again, you will miss this bull run and worse, will join around the end of the parabolic curve.


You can compare it with previous cycles too as I posted days ago.

The All time Average Drawdown in bull markets is -15%.

Another view visually from ecoinometrics.

Only last four years, price corrections are about -11% or larger than that. It is not a first time ever Bitcoin has had such larger than -10% corrections.

[tranthidung]

You can access a free chart from Glassnode with similar information like the chart given by Crypto Quant.

• Bitcoin: Bull Market Correction DrawDowns
• https://studio.glassnode.com/workbench/bf532ce2-a66b-4798-6deb-bf3ba7decc59

You can zoom in to see the chart with different time frames like 1Y.

[shinratensei_]

~snip~

I understand a lot of people are expecting to see something major, like 100k+ for example but at this point we have no clue how high it can go. I think it should be something that could be quite marginal and could actually make a lot of money for the long term as well, that should be the key.

So actually, the ATH that Bitcoin has reached recently, in the next few years will actually be the bottom if we but hold Bitcoin.
For example, now the ATH is $75,000, it could be in the next 1 or 2 years, or even the next halving. This price is very cheap to buy today. so it's never too late to buy bitcoin.

the thing is that bitcoin hasn't yet reached the halving i don't believe personally that bitcoin can't go up again because of halving is still upcoming we should also recognize that the bitcoin ETF market is so hit that it actually contributed large amount of capitals.

I'm sure that in the future bitcoin will eventually reached $100k and im not talking about far future its more likely that it will be reached by the end of the year if things keep going, the recent correction is kinda normal if you see the chart we are at accumulating point where there gonna be correction after some big rally but we haven't reached the massive rally that gonna increase bitcoin into another level.

the current all time high in the future will be what bottom of bitcoin looks like when the bearish hits.
I personally still faithful enough to hold any amount of bitcoin even tho its not that significant anyway but im sure it could give good profit in the long run.

[dzungmobile]

the thing is that bitcoin hasn't yet reached the halving i don't believe personally that bitcoin can't go up again because of halving is still upcoming we should also recognize that the bitcoin ETF market is so hit that it actually contributed large amount of capitals.

There are many Bitcoin Spot ETFs so even Grayscale ETF causes a lot of outflow pressure, there are other Bitcoin Spot ETFs that are buying more than what Grayscale can sell so the Netflow is actually positive.

The rate of buying is slowing down but it's normal when new investors naturally worry about correction. They will rejoin when the correction is completed.

the current all time high in the future will be what bottom of bitcoin looks like when the bearish hits.
I personally still faithful enough to hold any amount of bitcoin even tho its not that significant anyway but im sure it could give good profit in the long run.

It's smart to hold your bitcoins.

Don't sell your bitcoins to Wall Street companies and new investors in this cycle too early when the bull market is only started.

[dunfida]

~snip~

I understand a lot of people are expecting to see something major, like 100k+ for example but at this point we have no clue how high it can go. I think it should be something that could be quite marginal and could actually make a lot of money for the long term as well, that should be the key.

So actually, the ATH that Bitcoin has reached recently, in the next few years will actually be the bottom if we but hold Bitcoin.
For example, now the ATH is $75,000, it could be in the next 1 or 2 years, or even the next halving. This price is very cheap to buy today. so it's never too late to buy bitcoin.

the thing is that bitcoin hasn't yet reached the halving i don't believe personally that bitcoin can't go up again because of halving is still upcoming we should also recognize that the bitcoin ETF market is so hit that it actually contributed large amount of capitals.

I'm sure that in the future bitcoin will eventually reached $100k and im not talking about far future its more likely that it will be reached by the end of the year if things keep going, the recent correction is kinda normal if you see the chart we are at accumulating point where there gonna be correction after some big rally but we haven't reached the massive rally that gonna increase bitcoin into another level.

the current all time high in the future will be what bottom of bitcoin looks like when the bearish hits.
I personally still faithful enough to hold any amount of bitcoin even tho its not that significant anyway but im sure it could give good profit in the long run.

Different cycles would really be having that kind of different possible situations that did happen, specially with that ETF thing that we do talk about on which we do really believe that it is one of the
sole reasons on why we are really that experiencing out these kind of pumps on which we didnt thought that Bitcoin would really be able to break new ATH's before halving period
on which if we do tend to look up on previous cycles on which it isnt really just that something like this. Reasons? No one cant point out precisely but we arent really that blind
about into those news and fundamentals that happen around.

It is really just that if things turns out to be bullish then expect prices would go up. We are all really just that mind boggling about on whats the
CONS of this ETF acceptance or such recognition on which there are people who do keep on discussing about such stuff.

[arjunmujay]

So actually, the ATH that Bitcoin has reached recently, in the next few years will actually be the bottom if we but hold Bitcoin.
For example, now the ATH is $75,000, it could be in the next 1 or 2 years, or even the next halving. This price is very cheap to buy today. so it's never too late to buy bitcoin.

the thing is that bitcoin hasn't yet reached the halving i don't believe personally that bitcoin can't go up again because of halving is still upcoming we should also recognize that the bitcoin ETF market is so hit that it actually contributed large amount of capitals.

I'm sure that in the future bitcoin will eventually reached $100k and im not talking about far future its more likely that it will be reached by the end of the year if things keep going, the recent correction is kinda normal if you see the chart we are at accumulating point where there gonna be correction after some big rally but we haven't reached the massive rally that gonna increase bitcoin into another level.

the current all time high in the future will be what bottom of bitcoin looks like when the bearish hits.
I personally still faithful enough to hold any amount of bitcoin even tho its not that significant anyway but im sure it could give good profit in the long run.

Different cycles would really be having that kind of different possible situations that did happen, specially with that ETF thing that we do talk about on which we do really believe that it is one of the
sole reasons on why we are really that experiencing out these kind of pumps on which we didnt thought that Bitcoin would really be able to break new ATH's before halving period
on which if we do tend to look up on previous cycles on which it isnt really just that something like this. Reasons? No one cant point out precisely but we arent really that blind
about into those news and fundamentals that happen around.

It is really just that if things turns out to be bullish then expect prices would go up. We are all really just that mind boggling about on whats the
CONS of this ETF acceptance or such recognition on which there are people who do keep on discussing about such stuff.

bitcoin ETF cons that occur can actually make people who still don't understand or even don't know at all about bitcoin can hear too and can be curious about bitcoin. for me it is good news because it can bring people who don't know bitcoin to be curious about what bitcoin is. and how big bitcoin is until it has to go into ETF. not infrequently even those who were not interested in bitcoin, after the ETF even glanced and at least tried the beauty of investing here, compared to stock market assets in general.

when many investors have entered bitcoin, it can certainly make the price of bitcoin fly even higher because there is more demand than usual.

[tranthidung]

There is another site for us (free access) to check Bitcoin bull market correction drawdowns.

• https://checkonchain.com/btconchain/technical/technical_drawdowns_bull/technical_drawdowns_bull_light.html
• Two others (as I introduced previously) are
  
  • https://studio.glassnode.com/workbench/bf532ce2-a66b-4798-6deb-bf3ba7decc59
  • https://cryptoquant.com/community/dashboard/650de954ca432c72d6ef82b1. Create an free account on Crypto Quant and get access to this dashboard.

[Claymore2]

Though there are some changes between the historical and current Bitcoin cycles, the trends are comparable. Before experiencing large drops, Bitcoin broke prior all-time highs in both cycles. This points to the possibility of fresh highs beyond $200k, with corrections above $60k by 2026 predicted to range from -93% to -77%. For chart analysis, logarithmic scales offer important insights into long-term patterns, even though some people favor linear scales. Furthermore, Bitcoin has proven to be resilient over time, showing lower value loss in down markets and higher bottoms following each bull run, which indicates rising investor trust in the asset even under trying circumstances.

[Nrcewker]

We can see that the dips percentage are decreasing overall. This means that more investors are joining in for Bitcoins and investing years by years. Hence this time also if we see a dip, then it will be less than 77% as mentioned in the OP. So people won’t have bigger chances to buy the coins for cheap. If you are someone who waiting for right moment to buy the coin, then let me tell you that, you will keep on waiting like this. No perfect moment will ever come.

[JoyMarsha]

My guess is that we might not see such huge corrections in this cycle, we will see

What happened in the previous halving of how the bitcoin correlates downwards via bitcoin price is what we are going to see yet again. The difference we can point out at this time during this upcoming halving to others that have happened is Bitcoin succeeded in giving ATH before halving. As for the dip in the price after the halving, we are going to see the same thing happening and many investors will like to accumulate more bitcoin to that.

[tranthidung]

We can see that the dips percentage are decreasing overall. This means that more investors are joining in for Bitcoins and investing years by years. Hence this time also if we see a dip, then it will be less than 77% as mentioned in the OP. So people won’t have bigger chances to buy the coins for cheap. If you are someone who waiting for right moment to buy the coin, then let me tell you that, you will keep on waiting like this. No perfect moment will ever come.

We see a trend of shrinking in both parabolic growth of Bitcoin bull runs and bottoms from ATHs. What you say is true with price data from past market cycles and I believe it will continue.

With bigger marketcap, Bitcoin will have less growth with each new market cycle but bigger marketcap will help Bitcoin has smaller correction from ATH to its bottom in one market cycle.

It is always hard to focus on one market cycle but if we zoom out, we will see it more easily. Since the last halving in May 2020, Bitcoin is already up 728%.

[AakZaki]

We can see that the dips percentage are decreasing overall. This means that more investors are joining in for Bitcoins and investing years by years. Hence this time also if we see a dip, then it will be less than 77% as mentioned in the OP. So people won’t have bigger chances to buy the coins for cheap. If you are someone who waiting for right moment to buy the coin, then let me tell you that, you will keep on waiting like this. No perfect moment will ever come.

Cheap prices depend on how far the selling target will provide profits. If you buy bitcoin now then the sell target is ATH $100k more then it is still quite cheap now, but buying when the market crashes and there is a lot of FUD circulating will be better. This is buying at the right opportunity, not buying because of ongoing FOMO.

[Zanab247]

We can see that the dips percentage are decreasing overall. This means that more investors are joining in for Bitcoins and investing years by years. Hence this time also if we see a dip, then it will be less than 77% as mentioned in the OP. So people won’t have bigger chances to buy the coins for cheap. If you are someone who waiting for right moment to buy the coin, then let me tell you that, you will keep on waiting like this. No perfect moment will ever come.

Investors use to show interest to invest in BTC in the bear run, even though they have invested before, but the moment money enter their hands is to store them in BTC because they know that bull run will surely come up in the future before they can sell.

 Since there is a little change in the market price, and the lowest the price will reach this year before other people will know that the bear season is $50k, which the price is dumping to that level for people to buy BTC and hodl.

Like those that have the money surplus can buy at anytime, but those that want to start the investment with little money will like to wait for the price to reduce low before they can buy from the market.

[tranthidung]

but buying when the market crashes and there is a lot of FUD circulating will be better. This is buying at the right opportunity, not buying because of ongoing FOMO.

This is big challenge for all people in the market and for newbies, it is a more severe challenge. I used to be like this years ago when I was a newbie and I laugh when people say that any investor who get profit from Bitcoin investment is because of luckiness.

Luckiness is important in our life but I disagree with these people. Because you can not get profit if you don't accumulate Bitcoin in bear market or even in bull market with some fake cancelled bull run dips. You only can have chance to get profit if you determinant with purchase. It is your action to decide how you spend your capital and how you will get profit with investment.

If you are outsiders like these people, you will be like them, or like a famous man Peter Schiff, never buy bitcoins and never get profit from it.